Found 19260 news
Romanian real estate developer Hexagon has secured financing of over EUR18 million from Libra Internet Bank for the development of ERA residential complex on the banks of Nadas River in Cluj Napoca.
The average annual number of job vacancies in Romania stood at 35.9 thousand in 2024, lower by 4.0 thousand than in 2023, data from the country’s statistical office INS showed on Friday (March 28).
Romania's Competition Council has approved the transaction by which OMV Petrom (stock symbol: SNP) intends to outsource transport services from the production areas of Oltenia and Valahia in Pitesti, together with the related personnel, to road transport company Eugen Trans S.R.L.
Nokian Tyres Oradea has started production and deliveries from its new plant in Oradea. Winter and all-season tires are the first products to reach customers and consumers in Central Europe via Nokian Tyres’ distribution centers.
Electrica (EL.RO), a major actor on the electricity distribution and supply market in Romania, has informed investors on March 28 that the international agency Fitch Ratings has upgraded on March 27, 2025 the company's rating outlook from "negative" to "stable" and has confirmed the long-term rating at the "BBB-" level.
Alternative investment firm Evergent Investments (EVER.RO) has notified the Bucharest Stock Exchange about reaffirming its decision to withdraw from the shareholder structure of Aerostar Bacau (ARS.RO), a supplier of aerostructures, subassemblies and hydraulic systems for global manufacturing programs.
State-run natural gas supplier and producer Romgaz (SNG.RO), has called shareholders for April 29 to vote on the distribution of a RON0.1568 gross dividend per share from 2024’s profit and from the retained earnings, or about RON604 million in all.
Dexory, a robotics and data intelligence company, founded by Romanian entrepreneurs Oana Jinga, Andrei Danescu and Adrian Negoita, has officially joined Endeavor’s global network.
Electrica (EL.RO), a major actor on the electricity distribution and supply market in Romania, seeks shareholder vote on April 29 for distribution of RON60 million dividends from the RON65.8 million net profit of 2024.
The assets of Banca Transilvania (TLV.RO), the leader of the Romanian banking market, are set to increase by 14% to RON210 billion in 2025, as a result of the increase in the gross lending volume by some 19% to RONI104 billion, so the Cluj-based lender will cement its leading position.
Farmacia Ardealul, a chain of 11 pharmacies in Piatra Neamt that started 32 years ago, posted 8% growth in revenue to more than RON90 million in 2024, according to ZF’s calculations.
Automotive component maker Optibelt Power Transmission, the local subsidiary of Germany’s Arntz Optibelt expects 2025 revenue to be the same as in 2024, when it stood at RON317.3 million (EUR63.4 million), the data the company supplied show.
Comtim Romania, formerly Smithfield Romania, the largest actor on the pork market in the country, has opened a store in Bucharest, its first outside its home of Timisoara, where it has only one store inside its factory.
Distributie Energie Oltenia (DEO), the electricity distribution company in the Oltenia region and one of the four electricity distributors in Romania, has signed an agreement with a bank syndicate to refinance debt and secure RON1.76 billion in new funding.
Romania ranked 19th among the 27 EU member countries by GDP per capita expressed as purchasing power parity (PPP) in 2024, the same as Poland and Estonia, Eurostat preliminary data show.
Agroland Business System (AG.RO) and Agroland Agribusiness (AAB.RO) have called shareholders for April 29-30 to vote on unsecured non-convertible corporate bond issues of RON15 million and RON10 million, the two said in reports to the Bucharest Stock Exchange.
Car parts supplier Eckerle Automotive, the Romanian subsidiary of Germany’s Eckerle, switched to loss in 2024, reporting a negative result of RON1.9 million (EUR387,800), compared with a net gain of roughly RON292,000 (EUR59,000) recorded in 2023, in line with publicly available data.
The Board of Directors of Turbomecanica (stock symbol: TBM), the only local manufacturer of gas turbine engines and mechanical assemblies for aircraft, has called shareholders for a meeting on April 29 to approve the distribution of dividends in the amount of RON9 million, from the company's 2024 profit, per a report to the Bucharest Stock Exchange on March 27.
Entrepreneurial company Aquila Part Prod (stock symbol: AQ.RO), one of the largest actors in the fast-moving consumer goods distribution business in Romania and in the region, has called shareholders for a meeting on April 29/30 to approve the distribution of a gross dividend of RON0.0499 per share to investors, which translates into about RON60 million in all.
Building materials producer TeraPlast Bistrita (stock symbol: TRP) has called shareholders for a meeting on April 29 to approve, among others, the increase in the company's share capital by RON60 million, up to RON300 million.19260 items